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PDM Stock Chart & Stats
$7.78
-$0.02(-0.23%)
At close: 4:00 PM EST
$7.78
-$0.02(-0.23%)
Day’s Range― - ―
52-Week Range$6.32 - $9.99
Previous CloseN/A
Volume481.06K
Average Volume (3M)801.90K
Market Cap
$1.23B
Enterprise Value$3.09K
Total Cash (Recent Filing)$2.28M
Total Debt (Recent Filing)$2.28B
Price to Earnings (P/E)―
Beta0.83
Next Earnings
Jul 28, 2026EPS Estimate
-0.03Next Dividend Ex-DateN/A
Dividend Yield6.09%
Share Statistics
EPS (TTM)-0.70
Shares Outstanding125,019,005
10 Day Avg. Volume717,928
30 Day Avg. Volume801,900
Financial Highlights & Ratios
PEG Ratio-2.66
Price to Book (P/B)0.69
Price to Sales (P/S)1.84
P/FCF Ratio-62.23
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$11.00Price Target Upside41.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.06
Revenue Forecast (FY)$522.06M
Bulls Say, Bears Say
Bulls Say
Strong Leasing MomentumSustained, large-scale leasing and a growing pipeline indicate durable demand capture and shorter vacancy cycles. Over 50% of Q1 leasing was new tenancy and proposals jumped materially, supporting recurring rental cash flows and underwriting stability across the next 2–6 months as roll-ups convert to revenue.
High-quality Portfolio RedevelopmentExtensive renovations and successful redeployments reduce future capital intensity and increase amenity-driven competitiveness. With most redeveloped assets stabilized or >80% leased, rent premium capture and lower vacancy risk are structurally improved, supporting sustainable NOI and tenant retention.
Improved Liquidity And Extended Financing RunwayAn enlarged, extended-term facility materially lengthens the maturity ladder and provides immediate liquidity optionality for leasing execution and asset recycling. Prepayment flexibility and a lower current spread (SOFR+1.15%) reduce near-term refinancing pressure and create runway for operational stabilization and selective capital allocation.
Bears Say
Declining Revenue And Persistent LossesSubstantially lower top-line and repeated net losses indicate current asset returns are insufficient to produce shareholder earnings. Negative margins and impaired profitability constrain retained capital, limit dividend reinstatement prospects, and require sustained operating improvements to translate leasing gains into durable net income.
Concentrated Near-term And 2027 ExpirationsHigh-concentration expirations raise re-leasing and vacancy risk if key tenants do not renew. Large 2027 departures could produce material localized vacancy, require tenant improvement and leasing concessions, and introduce earnings and cash-flow volatility absent successful backfill or timely dispositions.
Volatile Free Cash Flow GenerationIrregular free cash flow undermines predictability of funds available for dividends, capex and debt reduction. Despite operating cash cover, swings in FCF reflect uneven capital spend and sales timing, limiting the firm's ability to reliably invest in growth or restore shareholder distributions without steady disposal proceeds.
Piedmont Office News
PDM FAQ
What was Piedmont Office’s price range in the past 12 months?
Piedmont Office lowest stock price was $6.32 and its highest was $9.99 in the past 12 months.
What is Piedmont Office’s market cap?
Piedmont Office’s market cap is $1.23B.
When is Piedmont Office’s upcoming earnings report date?
Piedmont Office’s upcoming earnings report date is Jul 28, 2026 which is in 7 days.
How were Piedmont Office’s earnings last quarter?
Piedmont Office released its earnings results on Apr 30, 2026. The company reported -$0.1 earnings per share for the quarter, missing the consensus estimate of -$0.032 by -$0.068.
Is Piedmont Office overvalued?
According to Wall Street analysts Piedmont Office’s price is currently Undervalued.
Does Piedmont Office pay dividends?
Piedmont Office pays a Quarterly dividend of $0.125 which represents an annual dividend yield of 6.09%. See more information on Piedmont Office dividends here
What is Piedmont Office’s EPS estimate?
Piedmont Office’s EPS estimate is -0.03.
How many shares outstanding does Piedmont Office have?
Piedmont Office has 125,019,005 shares outstanding.
What happened to Piedmont Office’s price movement after its last earnings report?
Piedmont Office reported an EPS of -$0.1 in its last earnings report, missing expectations of -$0.032. Following the earnings report the stock price went down -0.359%.
Which hedge fund is a major shareholder of Piedmont Office?
Currently, no hedge funds are holding shares in PDM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Piedmont Office Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.00 (41.39% Upside)
$11.00 (41.39% Upside)
Blogger Sentiment
Bullish
PDM Sentiment 100%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 6.7K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.02%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
0.75%
Trailing 12-Months
Company Description
Piedmont Office
Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates premium, Class A office properties. These assets are strategically situated in key sub-markets across seven major Eastern U.S. office markets, with the Sunbelt region contributing the majority of its revenue. The company's geographically diversified portfolio encompasses approximately 17 million square feet, valued at roughly $5 billion. As a self-managed and fully integrated REIT, Piedmont maintains local management teams within each of its operational markets and holds investment-grade credit ratings from S&P Global Ratings (BBB) and Moody's (Baa2). Demonstrating its commitment to sustainability, by the close of the third quarter, approximately 63% of its portfolio was ENERGY STAR certified, and around 41% had achieved LEED certification.
PDM Stock 12 Month Forecast
Average Price Target
$11.00
▲(41.39% Upside)
Technical Analysis
Hudson Pacific Properties
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Brandywine Realty
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Easterly Government Properties
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JBG Smith Properties
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Ownership Overview
1.29% Insiders
30.14% Mutual Funds
3.95% Other Institutional Investors
42.04% Public Companies and
Individual Investors